Common use of Time of the Essence; Computation of Time Clause in Contracts

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which commercial banks in the State of Delaware are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.

Appears in 3 contracts

Samples: Merger Agreement (H&e Equipment Services LLC), Security Holders Agreement (H&E Equipment Services, Inc.), Security Holders Agreement (H&E Equipment Services, Inc.)

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Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which commercial banks in the State of Delaware are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.. * * * * *

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

Time of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or of any duty hereunder shall fall upon a Saturday, Sunday, or any date on which commercial banks in the State of Delaware are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.. * * * * *

Appears in 1 contract

Samples: Contribution Agreement (Wellcare Group Inc)

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Time of the Essence; Computation of Time. Time is of the essence ---------------------------------------- for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which commercial banks in the State of Delaware are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.. * * * * *

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sealy Corp)

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